Example of Successful YoungEntrepreneurName: MarkZuckerbergAge: 25Started Facebook.comwhile studyingcomputer science atHarvard University. CEO and Founder of Facebook
Example of Successful ArabEntrepreneurName: Fadi GhandourAge: 51Founded ARAMEX in 1982Aramex was the first Arabcompany to be listed onNASDAQ CEO and Founder of Aramex
Example of Successful EgyptianEntrepreneurs Name: Nadia & Hind Wassef Age: 35 & 38 Opened Diwan because they loved reading, and wanted to create a place that would celebrate Arab culture. Founders of Diwan Bookstore
Example of Successful Young Egyptian EntrepreneurName: Mostafa HafezAge: 26Founded Timeline Interactiveafter graduating from AinShams University (ComputerScience). Founder of Timeline Interactive
First steps for Start-ups 11. Finance Write a business- plan Calculate your costs Double that! (be on safe side, you’re always missing things) Find angel investing 1(family, friends, FIRSTEPs for Start-ups taken from material by Eric Zoetmulder SFD)
First steps for Start-ups 12. Interest & Commitment Be passionate about what you do, you won’t have time for anything else! Don’t just go for money, you will fail1 FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
First steps for Start-ups 13. Realistic Do market-research (who are your clients, main competitors) Start with realistic goals Respond to real 1consumer need FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
First steps for Start-ups4. Strategy Make a strategic plan: how to go from zero to your Unique Value Proposition
First steps for Start-ups5. Timing Time the release of your product If you’re too early, consumers won’t be interested If you’re too late, others will have taken your model
First steps for Start-ups6. Encouragement Get feedback from friends, family & look for a mentor. You need their support
First steps for Start-ups7. Planning Plan for the worst case scenario – so you’re always prepared.
But most importantly...Don’t be afraid to FAIL!When you FAIL, it means youtook the RISK and learned..FAILURE teaches you how todo BETTER next time...
Sources of Support“Large tomedium sized”“High-growthSMEs”“Start-up/Business-plan”“Idea”
Endeavour works with HIGH-IMPACTentrepreneurs Ahmed Heba Jammal Omar Metwally & & Tarek Fathy Mostafa Khaddaj Hafez Fatma Nadia & Khaled Ghaly Hind Ismail Wassef
In order for more entrepreneurs to become HIGH IMPACT, we need to build an entrepreneurial ecosystem